GLF has seen abnormal volume and spikes due to some enthusiastic...

GLF has seen abnormal volume and spikes due to some enthusiastic daytrading resulting in heavy selldowns by those happy to make a quick profit, or those needing to meet T+3. Unfortunately, some of those taking a chance with money they don't have will always get burnt.

Genuine buyers will now be holding off till order returns.

We would all have liked to have sold in the 8cent region and buy back in lower, but we're not all sitting at our computers all day, every day. In any case, it just doesn't work if everyone tries to do it.

I see the chart slightly differently to others posted, ignoring the tails and sticking with the solid candles. Trendlines (yellow) show the price still on track, with a new lower trendline appearing early/mid January. This roughly coincides with the 20 EMA (blue)which the price is following lately.